Chapter 02 · Section 2.1
COMEX gold Futures
Suppose Victor is short a COMEX April 350 gold futures option
This futures option can be exercised by:
b) any person who is long a COMEX April 350 gold futures option.
Yes. If an option holder decides to exercise, the obligation to fulfill the option is assigned to an option writer by the clearin house. The assignment process depends on the exchange (random, first-in-first-out, etc.)
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c) any person who is short a COMEX April 350 gold futures option.
d) the clearing house.
a) the person who originally bought the option Victor sold.
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